28.3.06

China vs EUA e UE

China's textile exports benefit the United States, the European Union and other developed countries, as the low-cost products help them save money, Chinese Commerce Minister Bo Xilai said Monday.

The United States saves nearly 100 billion dollars every year by buying imported textile products from China, Bo told a textile forum in Beijing.
The sector's development has also increased China's imports of raw materials and production equipment, he said.

China's demand for production equipment at present stands at about eight billion dollars, accounting for nearly 30 percent of the global market, he said.
[fonte: EU Business]